# Hog Prices Stop Falling? South Rising, North Stable; Retail Investors Should Not Bet Blindly on a Rebound

> The national average hog price is around 4.5 yuan/jin after falling from early October highs, with 19 of 28 provinces flat. Large hogs, secondary-fattening supplies and year-end group output keep supply heavy, while the hog-to-grain ratio sits at 4.16:1 in the first warning level.

- Date: 2026-11-01 · published 2026-11-02T19:37:57.352Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/75675-hog-prices-stop-falling-south-rising-north-stable-retail-investors-should-not
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy hog supply and weak margins limit price upside, and stable corn and soymeal prices do little to offset losses, keeping feed buying cautious near term.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: neutral

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/wemedia/2026-11-02/doc-inixhhcp0799715.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.